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One swallow does not make a summer, but one skein of geese, cleaving the murk of March thaw, is the Spring.
Aldo Leopold Categories
Tag Archives: regulations
Giving a gift card? Don’t add fees under the tree
Gift cards are an easy way to ward off disappointment during the holidays. In the best case scenarios, they give our loved ones the freedom to buy whatever it is they really want and alleviate the stress of trying to find the perfect gifts. Read More
FDIC proposes exemption for mortgage securities
Federal regulators are proposing to exempt certain mortgages from new rules aimed at getting banks to take on more risk when package and sell mortgage investments.
The Federal Deposit Insurance Corp. on Tuesday, March 29, and the Federal Reserve a day earlier voted to advance the exemption from rules required under the new financial regulatory law. Under the rules, banks must hold at least 5 percent of the mortgage securities on their books. Read More
Credit cards in 2011: Higher rates, richer rewards
A new breed of credit cards is on the way for 2011. Tighter regulations, cutting-edge technologies and a growing willingness by banks to lend again are just some of the factors reshaping the credit card industry. For sharp-eyed consumers, the changes could present an opportunity to significantly lower monthly expenses.
To make the most of your plastic, here are the key trends to watch… Read More
Probe leads investors to wonder: Is game rigged?
The Wall Street insider trading investigation may lead everyday investors — already rattled by a stock market meltdown, a one-day “flash crash” and the Madoff scandal — to finally conclude that the game is rigged.
“A large part of trading has to do with trust, and I don’t have it,” says Mark Swenson, a 43-year-old plumber from New Hampshire who refuses to buy individual stocks. “When a stock moves up 10 percent, you don’t know why,” he added. “We can pretend that everyone has access to the same information, but they don’t.”
Even before news broke…read more Read More
Tiny house movement thrives amid real estate bust
As Americans downsize in the aftermath of a colossal real estate bust, at least one tiny corner of the housing market appears to be thriving.
To save money or simplify their lives, a small but growing number of Americans are buying or building homes that could fit inside many people’s living rooms, according to entrepreneurs in the small house industry. Some put these wheeled homes in their backyards to use as offices, studios or extra bedrooms…read more Read More
Editor’s Choice
Cartoon Copyright © Dave Carpenter. Used with the permission of cartoonstock.com. All rights reserved. Read More
New FDIC rules require banks to share some risk
Banks will have to share in the risk when they sell investments of the kind that rocked the financial system in 2008 under rules adopted Monday, September 27.
The Federal Deposit Insurance Corp. is requiring banks hold at least 5 percent of the securities on their books . . . read more Read More
Proposed rules for debt disclosure
CURTAINS FOR “WINDOW DRESSING?”: The Securities and Exchange Commission has proposed new rules that could make it harder for public companies to disguise their level of debt… Read More
Banks get years to adjust to rules
THE REACTION: Bankers and analysts say new global rules could make less money available to lend to businesses and consumers. But they praised a decision to leave . . . read more Read More
Economy 101: Who benefits from new banking rules?
At the core of an international agreement to head off future financial meltdowns is a requirement that banks keep more money on hand in case of trouble.
The new rule released Sunday, September 12, by the Basel Committee on Banking Supervision aims to fortify banks worldwide and prevent them from spiraling into the kind of global financial crisis that brought the world . . . read more Read More
New capital rules clarity boosts big banks stocks
Stocks of major bank did well Monday, September 13, as new global rules on capital requirements became more clear.
Although the rules may leave banks with less money for loans, authorities will not enforce compliance until 2019 . . . read more Read More
Lurking fees: What the new card rules won’t banish
Help is on the way for cardholders this weekend. Newly purchased gift cards won’t expire as quickly, and late fees on credit card payments won’t be as punishing.
The final stage of consumer protections signed into law earlier this year goes into effect Aug. 22… Read More
Federal Reserve cracks down on mortgage fees
The Federal Reserve is banning mortgage brokers and lenders from reaping bigger fees by steering consumers into more expensive home loans.
The central bank said Monday, August 16, the new rules, which go into effect next April . . . read more Read More
How financial overhaul affects your everyday life
The financial overhaul is about more than exotic derivatives and complex risk assessments. It will change how you interact with the financial system every day, from swiping your debit card at the store to applying for a mortgage. . . . read more Read More
